JAAF (Journal of Applied Accounting and Finance)
Vol 6, No 1 (2022): JAAF (Journal of Applied Accounting and Finance)

Corporate social responsibility and corporate financial fraud: evidence from China

Wang Gen (Faculty of Business, Accounting Study Program, President University, Indonesia)
Andi Ina Yustina (Faculty of Business, Accounting Study Program, President University, Indonesia)
Andrianantenaina Hajanirina (Faculty of Business, Accounting Study Program, President University, Indonesia)
Mila Austria Reyes (Faculty of Business, Accounting Study Program, President University, Indonesia)



Article Info

Publish Date
31 Mar 2022

Abstract

With the development of globalization, corporate social responsibility has become a hot subject of shared concern for all nations in the globe. The lack of CSR performance in modern China has prompted worries about CSR in both academic and practical circles in China. In this work, the authors continue Liao's research and seek to re-analyze if CSR is connected to financial fraud. Through the analysis of A-share companies in the construction industry listed on the Shanghai Stock Exchange and the Shenzhen Stock Exchange, this paper finds that CSR scores are negatively correlated with financial fraud activities, which suggests that CSR companies are less likely to engage in financial fraud. Thus, to some degree, it may also argue that CSR is an ethical activity that has the power to minimize corporate financial misbehavior.

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Journal Info

Abbrev

JAAF

Publisher

Subject

Economics, Econometrics & Finance

Description

JAAF Journal of Applied Accounting and Finance is a biannual double blind peer reviewed journal published in two period, March and September. This professional journal devoted to the development of accounting and financial disciplines both in theory and practice. The policy of the journal is to ...